Lighthouse renews advice referral deals


National advice firm Lighthouse has renewed contracts to be the preferred advice partner for members of the British Airways Clubs, the Association of School and College Leaders and The Bakers, Food and Allied Workers Union.

The new deal will run for three years and means members will have access to advice on savings, investments and pensions.

It has also secured a 15-month extension to its referral deal with the Royal College of Nursing.

In all, the organisations have nearly half a million members.

Lighthouse chief executive Malcolm Streatfield says: “The board is delighted that we have secured our partnership renewals with BA Clubs, ASCL and BFAWU, and extended our contract with RCN.

“We look forward to developing further our strong working relationships with our affinity partners over the coming years and continuing to assist members of our partner organisations with their financial planning requirements.”

Last week, Lighthouse agreed a deal to become the preferred adviser for members of the Association of Teachers and Lecturers.

The contract will run for three years and means Lighthouse will provide savings, investments, pensions, protection and mortgage advice to up to 170,000 union members. These include headteachers, teachers, lecturers and support staff.

In January Lighthouse revealed it would be launching a simplified online advice service with advice firms and discretionary fund manager Money on Toast.